Consuelo Alejandrina

Consuela Alejandrina is 34 years old, single and has three children. She lives with them in the city of Ventanas in De Los Rios province. She is a member of the San Francisco communal bank, located in the rural settlement of Pantano, which is part of Ventanas canton. People in this area make their living from farming and livestock-raising.

Consuelo Alejandrina is a farmer and grows corn. She also raises chickens and pigs. She is applying for the loan in order to buy seeds, urea fertilizer, insecticides, herbicide, manure and chickens.

With the help of the loan she will be able to have more income. Her dream is to keep working and investing so that she can earn a profit from her crops. The challenges she faces are pests and crop diseases. In her free time she likes to play soccer.

Additional Information

About Cooperativa San Jose

This loan is administered by Cooperativa San Jose, a 45,000-member credit union located high in the Andes Mountains of Ecuador’s poorest province, Bolivar. They offer a unique loan called “Ventanillas Rurales” [Window to the Countryside], which uses a group guarantee but is an individual loan with a savings component, mostly to rural borrowers. Due to low savings rates and a history of macroeconomic instability, many traditional loans in Ecuador demand interest rates that are prohibitively high for some borrowers. There is also a high incidence of extortionist black-market lending in Ecuador. CSJ helps mitigate these problems by providing a less onerous and more appropriate option. Join CSJ’s Lending Team!